£1bn-profit m&s will charge shoppers 5p for every plastic bag

by:Sengtor     2020-04-29
Marks & Spencer will start charging customers for plastic bags as part of a £ 0. 2 billion program designed to encourage shoppers to be eco-friendly.
Shoppers at the company\'s 14 stores in Northern Ireland will be forced to pay 5 p for each shopping bag they use in a trial that began this summer.
M & S, which announced profits close to 1bn, also appointed dot.
Com millionaire Martha Lane Fox is a non-executive director.
If successful, the package will be available for promotion in the UK later this year.
As part of a broader industry rebound in over-packaging and waste, M & S initiatives are expected to be followed by other retailers.
For the first time since 1998, M & S disclosed profits close to £ 1 billion today, prompting talk of chief executive Stuart Rose who will soon announce that his work has been completed.
The mysterious retail master insists, \"unless God has other plans for me,\" he will remain in office for a year, but not more than 2009.
M & S\'s profits soared 0. 965 billion this year to the pound, a strong recovery from a company that once lost the confidence of shoppers, staff and cities. Rose, the 58-year-
Old York Hillman is a valuable church and joined the Quaker in 2004.
The annual plan to save the business.
\"We are retailers.
The work has never been done.
\"You close on Saturday night and open again on Monday,\" he said . \".
Nevertheless, it seems unlikely that he will remain in office for the next two years.
\"I promise 2009,\" he added.
When we get closer, we will make a decision.
The board will be able to view these options.
In the current deal, M & S said sales in April were just \"satisfactory\", suggesting that Rose is more difficult to impress from now on.
The city appeared to agree that shares were down 21 p to 7171/2 p as they were digested. dot.
Com millionaire Martha Lane Fox will also join the board as a non-executive director.
She works 50,000 a year.
Role of time June 1
The most famous thing about Fox MS Lane is co-
Founder of last minute
Com is the most successful of the first Internet companies established after 90 s.
The company acts as an agent in last minute bookings for events such as holidays and theaters, and is one of the most eye-catching online companies.
It went public in 2000, when it was worth nearly pounds.
Plastic bags have become a \"key tool\" for stores to showcase green certificates and commitment to the environment \".
British stores distribute more than 13 billion shopping bags per year
Most of them will eventually be in landfill sites and they may need up to 500 to break down.
To address this issue, Ireland introduced the plastic bag tax in March 2002, which reduced the use of plastic bags by 60 million and raised the euro (£41million)for eco-charities.
The environment minister has repeatedly refused to take similar measures in the UK because they are worried about upsetting voters, so the decision made by M & S is especially brave.
The company\'s Northern Ireland package trial will be conducted in two phases.
From June 4, it will provide customers with strong, reusable \"lifetime bags\" free of charge and promise to replace customers as soon as they wear out.
A month later, in July 1, it will introduce a 5 p fee on the fragile standard plastic bag currently distributed free of charge.
Dr. Liz Goodwin, chief executive of packaging agency WRAP, which was set up to reduce packaging waste, said yesterday: \"When we shop, too many of us rely on free shopping bags, as a result, 13 billion of shopping bags are used up every year in the UK.
\"From our research, we know that it is difficult for shoppers to develop \'green\' habits without support.
Neil SIPO, head of the company\'s department in charge of Irish affairs, added: \"We all have developed the habit of using too many shopping bags and we want to explore how to encourage people to change their behavior. \" A company-
\"We think it\'s time,\" the spokesman added.
Our customers say they are prepared to take a bold stand.
\"We will promote it to other stores if it succeeds.
\"M & S is the latest retailer to ban shipping bags trying to look greener
Friendly to consumers.
Last month, sainsbury\'s sparked a store frenzy, with designer Anya sindemage rolling out a £ 5 cotton rope bag with the slogan \"I\'m not a plastic bag\" on it as an incentive to stay away from shopping bags.
Ikea has introduced a 10 p fee for its biological products
Biodegradable plastic bags, while White Rose removed all free plastic bags from all checkout at 14 outlets in a two-time inspectionweek trial.
Tesco also promised to reduce the use of plastic bags by one quarter in the next two years.
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